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Economics A Level at King Edward VI Community College

Course description

A Level Economics tries to answer a fundamental question that every society faces: with limited resources, what goods and services are we going to make and who is going to receive them? This leads to important questions about the organisation of the economy, fairness and the nature of work. Questions such as the best level of taxation and government spending will be discussed throughout the course.

Course content

Theme 1: Introduction to markets and market failure
- Nature of Economics - How markets work
- Market Failure - Government intervention

Theme 2: The UK economy – performance and policies
- Measure of economic performance - aggregate demand
- Aggregate supply - national income
- Economic growth - macroeconomic objectives and policy

Theme 3: Business behaviour and the labour market
- Business growth - business objectives
- Revenues, costs and profits - market structures
- Labour market - government intervention

Theme 3: Business behaviour and the labour market
- International economics - poverty and inequality
- Emerging and developing economies - the financial sector
- The role and state in the macroeconomy

Entry requirements

Grade B or above in English.

Assessment

You will learn through a variety of methods including data analysis, group work, investigations, essay and data response questions and exam based tests.

Future opportunities

Economics is a qualification that is highly valued by employers and Universities alike. It demonstrates analytical and communication skills. It is also beneficial to the understanding of History, Geography and other Social Science subjects. It will be particularly relevant to anyone interested in a career in Business, Finance or Government.

How to apply

If you want to apply for this course, you will need to contact King Edward VI Community College directly.

Last updated date: 08 February 2017

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